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Reading: Atlassian Q1 outcomes prime estimates on stronger cloud, information heart development By Investing.com
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Atlassian Q1 outcomes prime estimates on stronger cloud, information heart development By Investing.com
The Tycoon Herald > Business > Atlassian Q1 outcomes prime estimates on stronger cloud, information heart development By Investing.com
Business

Atlassian Q1 outcomes prime estimates on stronger cloud, information heart development By Investing.com

Tycoon Herald
By Tycoon Herald 1 Min Read Published October 31, 2024
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Atlassian Q1 outcomes prime estimates on stronger cloud, information heart development By Investing.com

Investing.com — Atlassian Corp Plc (NASDAQ:) reported Thursday fiscal first quarter outcomes that topped Wall Avenue estimates amid robust cloud and information heart development.  

Atlassian Corp Plc (NASDAQ:) was up 15% in aftermarket hours following the report. 

Field adjusted EPS of $0.77 on income of $1.19 billion, forward of estimates of $0.54 and $966.1M, respectively.  

Atlassian ended its Q1 with 46,844 prospects with better than $10,000 in Cloud annualized recurring income, up 17% year-over-year.

For the fiscal Q2, income was forecast in a variety of $1.23B to $1.24B, in contrast with analyst estimates for $1.23B.

Looking forward to fiscal 2025, income development was guided in a variety 16.5% to 17%. 

 

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